Major owner of Cinedigm Digital Cinema Corp just picked up 35,714 shares

Capital Lp Sageview, a major owner of Cinedigm Digital Cinema Corp and a director of the company, recently acquired 35,714 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on July 10, 2013. Sageview now owns 216,109 shares of the company. Sageview operates out of Greenwich, CT.

The above information was disclosed in a filing to the SEC. Some additional info was provided as follows:

This Form 4 is filed on behalf of Sageview Capital LP ("Sageview Capital"), Mr. Edward A. Gilhuly, Mr. Scott M. Stuart and Ms. Laura Nisonger Sims. Ms. Sims is a director of the Issuer. Messrs. Gilhuly and Stuart are managing and controlling persons of Sageview Capital.
These shares of Class A Commo
n Stock were issued on July 10, 2013 as part of the annual retainer for board service by Ms. Sims for the fiscal year ended March 31, 2013. Such shares vested on the date of issuance. Pursuant to the terms of her arrangement with Sageview Capital and certain related entities, the right to receive such shares was transferred to Sageview Capital.
Messrs. Gilhuly and Stuart and Ms. Sims disclaim beneficial ownership of such securities, except to the extent of his or her pecuniary interest therein, if any.
This Form 4 shall not be deemed an admission that any Reporting Person is a beneficial owner of any securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose or that any Reporting Person or other person has an obligation to file this Form 4.

To see this filing in its entirety, click here. Cinedigm Digital Cinema Corp next reports earnings on August 12, 2013.

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